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Poker Discussion
General Poker
Is 1/2NL very profitable for casinos?
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[QUOTE="teepack, post: 2414544, member: 113886"] I played for several hours at New Orleans Harrahs recently. I am pretty sure they capped the rake at $5 per hand. I would say that we generally got in about 30 hands per hour, and that at least 25 of those hands reached the maximum rake. You would have a few hands where there would be a raise pre-flop and nobody would call and so there would be no rake in those situations. So 25x5 means the table was generating $125 per hour of rake for the house. They probably had 20 total tables going, so if they were making $125 per hour per table, that's nearly $2,500 in revenue per hour from poker. I assume the rake at the higher limit tables is higher per hand? That should be more than enough to cover the salaries of the dealers, drink girls and floor supervisors. I would bet the room generates more than $30,000 of rake per day? If that's the case, that would be $210,000 a week and more than $10 million a year. That's got to be significant for the total casino revenues. [/QUOTE]
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Is 1/2NL very profitable for casinos?
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